Author: Jed Kolko
Articles by Jed Kolko
- Bubble Watch: Trulia Says Austin, Orange County Are Overvalued
Published on January 15, 2015 in Capital Markets
According to Trulia's chief economist, U.S. home prices were 2 percent undervalued in the fourth quarter of 2014. But the most overvalued market in the country is now Austin, at 16 percent overvalue, followed by Orange County and Los Angeles in southern California. Nine of the 100 largest metro areas are 10 percent or more overvalued.
- Where Homes Are Going Fastest This Spring
Published on April 25, 2014 in Market Trends
For-sale homes are disappearing from the market fastest in the San Francisco Bay area, Denver, Seattle, and southern California. The 2014 spring market is moving slightly faster than 2013, led by the lowest price tier of homes.